Economics

The UAE banned the movement of vessels under the flag of the Cameroon through the shadow fleet of Russia and its oil - the media (infographic)

Of the 14 oil vessels under the flag of the Cameroon, small enough to take oil from the ports of the Russian Federation, 11 did it over the last year, indicated by branch data that have collected Bloomberg analysts. The United Arab Emirates forbidden to enter their waters under the banner of the Cameroon, as the country is removed from risky vessels collected for transportation of sanctions oil of the Russian Federation.

The Bloomberg Agency has got acquainted with the document of the Ministry of Energy and Infrastructure, published on the site of the port of Fujira. Marine companies and ship agents should not provide services to ships registered in this African country. The ban does not apply to ships that have been evaluated by a wide international classification body. Most trade ships go under the flags of distant countries they own or manage.

Popular of these are Marshall Islands and Panama, which are an integral part of the standards of safety in navigation. Russia, according to the report, gathered a huge shadow fleet of tankers to transport its oil under US sanctions, some of this fleet passed under little -known flags such as the chamber flag. Back in the middle of last year, the African state was identified as a very high risk that ships would not be able to check the safety check while in the port.

Oil tankers fleet registered in the chamber of the fleet, but most of them have visited Russia in the last year. Of the 14 oil vessels under the flag of the Cameroon, small enough to take oil from the ports of the Russian Federation, 11 did so in the last year, indicate branch data collected by Bloomberg. Of the total supply of oil to Russia, they account for less than 1%. We will remind, on January 8, according to Reuters, Saudi Arabia, reduces the prices of oil, world quotations fall.